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Senate Votes to Block Clean Air Standards in California

The Senate voted on May 22 to block Californias first-in-the nation rule banning the sale of new gas-powered cars by 2035.

May 22, 2025

Autonomous Truck Startup Einride Considers US IPO

Einride is shaking up its top management as the Swedish driverless truck startup lays the groundwork for a possible initial public offering.

May 21, 2025

Musk Expects Hundreds of Thousands of Self-Driving Teslas

Elon Musk said that he expects hundreds of thousands of self-driving Teslas will be on the road requiring no human intervention by the end of next year.

May 21, 2025

Uber Raises $1.2 Billion With Aurora-Linked Bond Deal

The rare structure bonds that turn into equity in another company if the underlying stock exceeds a set price after a period offered investors a compelling combination of attributes.

May 20, 2025

Chinas Pony AI Eyes Profitability With Robotaxi Growth

Pony AIs report on its first full quarter as a publicly traded company will have investors homing in on how a new generation of robotaxis could put the firm on a path to profitability.

May 19, 2025

Aurora Reverses Course, Puts Human Back in Drivers Seat

Aurora Innovation is putting a human back in front of the wheel of big rigs operating in Texas, reversing course less than three weeks after the company began commercial autonomous service.

May 16, 2025

Oregon Delays Enforcement of Advanced Clean Trucks Rule

Oregon will delay enforcing a rule that requires truck makers to increase electric truck sales in light of industry difficulties and threatened federal funding cuts.

May 16, 2025

Quebec Investors to Acquire Bankrupt Lion Electric

An investor group involving Montreal real estate tycoon Vincent Chiara is set to take control of bankrupt Lion Electric, offering new capital to keep the electric bus and truck maker alive.

May 16, 2025

Canadian Electric Minibus Maker Damera Plans First US Plant

Damera, an Ontario-based electric bus company, plans to invest $31.5 million and create 90 full-time jobs to open its first U.S. assembly plant in Peoria, Ill.

May 14, 2025